Hello,

We have good news to share from the City of Torrance.

Summary:
The City of Torrance has released an independent appraisal valuing the Extended Stay America Hotel at 3525 Torrance Blvd—proposed for the Homekey+ project—at approximately $10.2 million, significantly lower than the $30 million offer reportedly made by the Weingart Center. The appraisal, conducted by Newmark Valuation & Advisory, raises serious concerns about fiscal accountability and the use of taxpayer funds. In response, the City is urging greater scrutiny of the project and has shared the findings with the State’s Department of Housing and Community Development (HCD) and U.S. Attorney Bill Essayli, reaffirming its commitment to transparent, responsible, and community-aligned solutions to homelessness.

 Please read the official press release here:
👉 https://www.torranceca.gov/Home/Components/News/News/5132/

⚠️ Act Now – HCD Hasn’t Approved Funding Yet

We still have a chance to stop this project. Please email and call the California Department of Housing and Community Development (HCD) to voice your opposition.

📧 Email: homekey@hcd.ca.gov
Subject: Torrance Extended Stay America – Homekey+ Application
📞 Call: 916-263-2911

Protest: Saturday, July 26, 10-11 AM, NE corner of Madrona and Torrance Blvd. Your presence shows our strength!

Every voice counts — let’s make sure they hear ours!

Thank you all for your continued support and dedication.